Georgia entrepreneurs who are looking for a business opportunity often turn to franchises since they involve established products and marketing strategies -- among other things -- that are time tested. However, they can be expensive, and it could take a significant amount of time before any revenues are seen. A new breed of franchise may provide a way to get into a franchise that is less expensive and does not take as long to get up and running.
Georgia entrepreneurs who want to start a business may decide that purchasing a franchise is the best option for them. Once that decision is made, however, the search for the perfect opportunity could prove to be a challenge. If an individual is open to different prospects, a franchise opportunity could come along that provides some savings that can be invested in the business.
The decision to purchase a franchise is one that many Georgia business people make. Marketing and branding, equipment and supplies, and other advantages make this method of starting a business attractive. However, both the franchisor and the franchisee must perform in accordance with their agreement for the business to have a chance at success. When either party fails to live up to the agreement, dispute resolution options are available.
Business owners in Georgia may already know that the federal National Labor Relations Board (NLRB) is tasked with finding solutions in disputes between private businesses and employees. Recently, it reviewed the complaints of numerous McDonald's franchise employees. As part of its review, the NLRB determined that franchise owners and McDonald's Corp. are actually joint employers.
Burger 21 currently has 15 operating locations in numerous states, including Georgia. Another 20 locations are currently in various stages of development around the country. The parent company is looking for more potential franchise owners as it continues to develop and expand its brand.
Starting a business in Georgia can be exciting and daunting at the same time. Some people want to own a business but do not want to take the risk of starting from scratch. In that case, a franchise may be a viable option.
Georgia residents might not find it hard to believe that 7-Eleven may just be the largest chain of convenience stores on the planet. At last count, there were over 53,500 of the company's stores worldwide. Here in the United States, about 6,200 of 7,800 stores are part of 7-Eleven's franchise program.
Georgia based Asbury Automotive Group has decided to branch out. The company has purchased a Land Rover franchise that it plans to merge into its Jaguar dealership. The acquisition is in line with the desires of Tata Motors, which combined the Jaguar and Land Rover brands after purchasing them in 2008 from Ford.
Franchises come in all different shapes and sizes, but what they have in common is a trademark or trade name. The most popular franchise agreements, in Georgia and elsewhere, are for popular fast food restaurants such as McDonald's. However, there are a myriad of other franchises, including music franchises.
When a company creates a successful business model it usually wants to duplicate this success in order to multiply its profit margin. One way to do this is to begin franchising its business model in order to expand the brand's market. Restaurants are an example of a commonly franchised business type in Georgia. However, it is important for all parties to fulfill the terms of the franchise agreements in order to avoid the need for litigation.